Praxair Selected for Global Carbon Disclosure Leadership Index
September 22, 2009
DANBURY, Conn., September 22, 2009 — For the second consecutive year, Praxair, Inc. (NYSE: PX) has been included in the global Carbon Disclosure Project (CDP) Carbon Disclosure Leadership Index. Praxair is the only industrial gases company to be selected for the global Leadership Index. This index, comprised of only 50 companies among 500 of the world's largest corporations, recognizes leaders in climate change disclosure practices, based on their responses to an annual questionnaire. High scores indicate good internal data management and understanding of climate-change issues affecting the company.
Praxair was also included in the 2009 S&P 500 Leadership Index which comprises the 50 U.S. leaders in carbon disclosure.
"Our selection reflects the Praxair team’s ongoing commitment to continuous improvement in energy efficiency and environmental performance worldwide," said Riva Krut, Praxair's director of sustainability. "We continue to identify new opportunities to reduce both our own environmental footprint as well as that of our customers." Praxair’s response to the CDP questionnaire can be found on the company’s web site, www.praxair.com, in the Corporate Responsibility section.
The Carbon Disclosure Project, founded in 2000, represents 475 institutional investors worldwide with more than $55 trillion in assets under management. An independent, non-profit organization, CDP collects climate change data from 2,500 corporations around the globe and has assembled the world’s most extensive corporate greenhouse gas emissions database.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.